Monday, May 10, 2010

Markets Origin

The emergence of money contributed very significantly to the trade. Market is, then, any set of transactions or business arrangements between buyers and sellers. As opposed to simply selling, the market involves regular and regulated trade, where there is some competition between the participants.

The market is also the social environment (or virtual) that fosters the conditions for exchange. In other words, be interpreted as a social institution or organization through which the suppliers (producers and sellers) and demanders (consumers or buyers) of a particular good or service, come into close business relationship to conduct business transactions abundant . The first markets in history worked through barter. After the introduction of money, began to develop commercial codes that ultimately gave rise to modern national and international companies. As production increased, communications and intermediaries began to play a greater role in markets.

A market definition according to marketing: Organizations or individuals with needs or desires that are capable and who are willing to purchase goods and services to meet your needs.